RIGI Regulation Enacted
The government of Javier Milei implements the RIGI, a regime offering tax, customs, and currency benefits for 30 years to large-scale investment projects over USD 200 million in strategic sectors such as mining, energy, infrastructure, and technology.
First Mining Projects Approved
The first mining initiatives under the RIGI are approved, including lithium extraction projects by Rio Tinto and Posco in Salta and Catamarca provinces.
Mining Investments Exceed USD 11 Billion
The regime attracts over USD 11 billion in mining investments, with strong interest in lithium, copper, and gold. International companies are drawn to the favorable legal and economic conditions.
Rio Tinto Expands Rincón Project
Rio Tinto announces a USD 2.5 billion expansion of its lithium project in Salar del Rincón, Salta, aiming to produce 60,000 tons of battery-grade lithium carbonate per year — the first project officially approved under the RIGI.
New Mining Applications Submitted
Companies like Galán Lithium and McEwen Copper submit new project applications under RIGI to develop operations in Catamarca and San Juan, leveraging the regime’s long-term investment incentives.